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I actually agree (broadly) with your statement about founders. As far as what the VC is optimizing for -- fair enough, I am only pointing out that saying the 1
by rlucas 8y ago
I actually agree (broadly) with your statement about founders.
As far as what the VC is optimizing for -- fair enough, I am only pointing out that saying the 1 point difference in, say, a 10 or 11 point equity stake is somehow actually only 0.2% to the VC isn't fair. It's a 10% difference in the VC's stake.